Announcement
21 Dec 2021
In December 2021, the Spanish government approved a financial package in favour of Grupo Losán. The operation was issued under the Recapitalization Fund approved in July 2020 in response to the COVID-19 pandemic (see related state act).
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
2 in force
Implementation date
21 Dec 2021
Revocation date:
No revocation date
Capital injection and equity stakes (including bailouts)
In force
On 21 December 2021, the Spanish government published an Agreement approving a EUR 21.6 million (USD 24.3 million) loan in favour of Grupo Losán. The beneficiary, founded in 1964 and headquartered in ...
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State loan
In force
On 21 December 2021, the Spanish government published an Agreement approving a EUR 13.4 million (USD 15.1 million) state loan in favour of Grupo Losán. The beneficiary, founded in 1964 and headquarter...
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